Mount Vernon, IL metro area Housing Market Brief
metro · IL · score computed October 2026
What is Mount Vernon, IL metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 1 of 5 (population 12,616–37,875) · comparable within its band
Where is Mount Vernon, IL metro area in its market cycle?
Mount Vernon, IL metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Mount Vernon, IL metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Mount Vernon, IL metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $195K | ▲ +11.2% | Redfin |
| Median Days on Market | 69 days | ▲ +32.7% | Redfin |
| Months of Supply | 4.9 | ▲ +40% | Redfin |
| Homes for Sale | 97 | ▲ +27.6% | Redfin |
| Homes Sold | 20 | ▼ -9.1% | Redfin |
| Median Price / Sq Ft | $101 | ▼ -11.5% | Redfin |
How has Mount Vernon, IL metro area’s Alpha Score moved?
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Frequently asked questions
Is Mount Vernon, IL metro area a buyer's or seller's market?
In the scores computed October 2026, Mount Vernon, IL metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Mount Vernon, IL metro area?
The median sale price in Mount Vernon, IL metro area is $195K, having risen 11.2% over the past year, according to Redfin.
How affordable is Mount Vernon, IL metro area?
Mount Vernon, IL metro area scores 98 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Mount Vernon, IL metro area's Alpha Score?
Mount Vernon, IL metro area's strongest dimension is Affordability (98/100) and its weakest is Inventory Health (6/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Mount Vernon, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.